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Australia's S&P/ASX 200 index opened 88.90 points higher, or 1.02%, at 8808.60 on Friday, October 16.

2026-10-16

Australia's S&P/ASX 200 index opened 88.90 points higher, or 1.02%, at 8808.60 on Friday, October 16.

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2026-10-15

Lebanon’s central bank this week revoked the operating license of Export Bank of Iran’s Lebanese branch, saying the move aims to shield the domestic banking system from potential contagion risk, central bank governor Karim Souaid said. The action fol

Lebanon’s central bank this week revoked the operating license of Export Bank of Iran’s Lebanese branch, saying the move aims to shield the domestic banking system from potential contagion risk, central bank governor Karim Souaid said. The action follows similar tightening by UAE and Turkey as the US intensifies pressure on Iran’s financial links. Export Bank of Iran, one of Iran’s oldest commercial banks with multiple overseas branches, was among US‑sanctioned Iranian banks whose new license applications were rejected by the UK last month; the bank formerly operated a London branch near the Bank of England.
2026-10-16

Federal Reserve Chairman Warsh: Obviously, the Fed's policies affect the rest of the world, but their policies also affect us in turn.

Federal Reserve Chairman Warsh: Obviously, the Fed's policies affect the rest of the world, but their policies also affect us in turn.
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